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Director of Entitlements

Director of Entitlements

Los Angeles, CA

A privately-held commercial real estate investment firm focused on value-add acquisitions throughout the Western United States is looking for a Director of Land Entitlements. The vertically integrated company has a successful track record and the ability to creatively structure acquisitions. Initially reporting to the executive team, the Director of Land Entitlement is an integral and highly visible role responsible for leading the Company’s efforts managing multiple commercial real estate entitlement projects in various markets. The ideal candidate has a demonstrated track record in processing and achieving entitlements underlying industrial, multi-family and retail on Company owned land. The successful candidate will be a self-starter, comfortable working in a collegial, team environment with minimal day to day oversight. The Company’s long-term vision anticipates adding additional resource and building out required infrastructure to continue to grow their 10M+ SF portfolio.

Responsibilites

The Director of Land Entitlement will be a key member of the company’s overall growth strategy in target markets of California, Arizona and Texas. Primary responsibilities include, but are not limited to:

  • Manage multiple commercial real estate entitlement projects

  • Gain entitlements and permits for potential development projects through governmental agencies, formulate strategies, and direct internal and external development teams as needed

  • Perform all predevelopment activities including feasibility, design, layout and entitlement, permitting and due diligence. With senior management and consultant team determine optimal entitlement strategy

  • Work with senior management on the final development agreements and any easement agreements that need to be obtained

  • Execute and fine tune business plan (process entitlements and position for joint venture or sale)

  • Develop and refine plans, designs, cost estimates, permitting and project timelines during the pre-entitlement period

  • Update and track all proforma/budget changes throughout the entitlement period

  • Develop relationships with civic and community groups and government agencies conducive to supporting, or processing new opportunities

  • Preparing market analysis, underwriting and deal summaries forstrategies being pursued

  • Attend select conferences and industry events

Requirements

  • 5 – 10 years of related experience

  • Undergraduate degree in real estate, business, finance, or engineering; advanced degree is a plus

  • Specific experience with California Environmental Quality Action (CEQA)

  • Strong quantitative and analytical skills

  • Outstanding verbal and written communication skills

  • Adept at developing effective working relationships with others in a team-oriented, collaborative, and deadline driven environment

  • Trust and integrity are integral characteristics to enable a successful outcome

  • A “Team Player” mentality, with a passion for brainstorming, problem solving, and independent thinking

  • Some travel required

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